Moneycontrol
HomeNewsBusinessEarningsBharat Financial Q3 profit may jump 40%, collections to be key
Trending Topics

Bharat Financial Q3 profit may jump 40%, collections to be key

Non-banking finance company Bharat Financial Inclusion's third quarter profit is expected to increase 39.7 percent year-on-year to Rs 111 crore.

January 23, 2017 / 16:22 IST
Story continues below Advertisement

Your browser doesn't support HTML5 video.

Non-banking finance company Bharat Financial Inclusion's third quarter profit is expected to increase 39.7 percent year-on-year to Rs 111 crore.

Net interest income, the difference between interest earned and interest expended, may grow 44.5 percent to Rs 212.8 crore compared with Rs 147.3 crore in year-ago period, according to average of estimates of analysts polled by CNBC-TV18.

Story continues below Advertisement

Key things to watch out for would be collections, disbursements and asset quality.

Around 5 percent of missed collections every month translates to 0.7 percent of portfolio (every month).